Page 8 - Currency Market
Rupee strengthens on the back of foreign inflows and US dollar slips
The local currency settled at 85.38 per dollar, against the previous close of 85.58 per dollar. It has appreciated by 0.1 per cent against the dollar in the current financial year
 "Rupee strengthens on the back of foreign inflows and US dollar slips")
Rupee rises after 4-day drop; capped at 85.39/$ on strong oil prices
Indian Rupee today: The domestic currency ended 19 paise higher at 85.39 against the greenback, after closing at 85.58 on Friday
 "Rupee rises after 4-day drop; capped at 85.39/$ on strong oil prices")
$84 bn short book putting pressure on rupee, Asia's worst performer
The Reserve Bank of India had dollar repayments near a record high of $84.3 billion as of March as indicated by its net short forwards position
 "$84 bn short book putting pressure on rupee, Asia's worst performer")
Rupee snaps two-month rally; reverses early gains to end lower at 85.36/$
Indian Rupee today: The domestic currency ended 6 paise lower at 85.36 against the US dollar, after closing at 85.52 on Thursday
 "Rupee snaps two-month rally; reverses early gains to end lower at 85.36/$")
Rupee snaps three-day fall; opens at 85.36/$ as dollar revival fizzles out
Indian Rupee today: The domestic currency opened 16 paise stronger at 85.36 against the US dollar, after ending at 85.52 on Thursday
Rupee slips for third straight day on Trump tariff ruling; ends at 85.52/$
Indian Rupee today: The domestic currency closed 16 paise weaker at 85.52 against the US dollar, after ending at 85.36 on Wednesday
 "Rupee slips for third straight day on Trump tariff ruling; ends at 85.52/$")
Rupee slips as tariff ruling lifts dollar; opens 16 paise lower at 85.52/$
Indian Rupee today: The domestic currency opened 16 paise weaker at 85.52 against the US dollar, after ending at 85.36 on Wednesday
 "Rupee slips as tariff ruling lifts dollar; opens 16 paise lower at 85.52/$")
Indian Rupee extends decline to second day; ends slightly lower at 85.36/$
Indian Rupee today: The domestic currency ended 2 paise weaker at 85.36 against the US dollar, after ending at 85.34 on Tuesday
 "Indian Rupee extends decline to second day; ends slightly lower at 85.36/$")
Rupee extends fall as dollar revives; opens 29 paise weaker at 85.63/$
Indian Rupee today: The domestic currency opened 29 paise weaker at 85.63 against the US dollar, after ending at 85.34 on Tuesday
 "Rupee extends fall as dollar revives; opens 29 paise weaker at 85.63/$")
Indian Rupee ends at 85.34/$; slips 25 paise on dollar recovery
Indian Rupee today: The domestic currency closed 25 paise weaker at 85.34 against the US dollar, after ending at 85.09 on Monday
 "Indian Rupee ends at 85.34/$; slips 25 paise on dollar recovery")
Rupee opens 6 paise lower at 85.15/$ even as dollar, oil prices slip
Indian Rupee today: The domestic currency began 6 paise weaker at 85.15 against the US dollar, after ending at 85.09 on Monday
 "Rupee opens 6 paise lower at 85.15/$ even as dollar, oil prices slip")
Rupee gains 13 paise, briefly strengthens past 85/$ during session
Indian Rupee today: The domestic currency closed 13 paise stronger at 85.09 against the US dollar, after ending at 85.22 on Friday
 "Rupee gains 13 paise, briefly strengthens past 85/$ during session")
RBI plans to seek approval for overseas rupee lending to neighbours
According to Ministry of Commerce data, 90 per cent of India's exports to South Asia were to these four nations in 2024/25, amounting to nearly $25 billion
 "RBI plans to seek approval for overseas rupee lending to neighbours")
Rupee extends gains on weak Dollar; opens 17 paise higher at 85.05/$
Indian Rupee today: The domestic currency began trading 17 paise stronger at 85.05 against the US dollar, after ending at 85.22 on Friday
Best of BS Opinion: Should RBI cut its intervention in currency markets?
Today's editorial page looks at RBI interventions in currency markets, the need for a new deep-sea port , the future of payments regulations, horticulture management, and the challenges of AI
 "Best of BS Opinion: Should RBI cut its intervention in currency markets?")
Rupee sees steepest rise since Nov. 2022; ends 78 paise stronger at 85.22/$
Indian Rupee today: The domestic currency closed 78 paise stronger, settling at 85.22 against the US dollar, after ending at 86.00 on Thursday
 "Rupee sees steepest rise since Nov. 2022; ends 78 paise stronger at 85.22/$")
Rupee opens slightly higher at 85.97/$; focus shifts to RBI dividend
Indian Rupee today: The domestic currency began the session 3 paise higher at 85.97 on Friday, after closing at over a month's low on Thursday
Indian Rupee opens higher at 85.59/$ as US fiscal concerns weigh on dollar
Indian Rupee today: The domestic currency began the session 5 paise stronger at 85.59 against the dollar
 "Indian Rupee opens higher at 85.59/$ as US fiscal concerns weigh on dollar")
Indian Rupee opens flat at 85.65/$ as weak Dollar caps decline
The domestic currency depreciated 1 paise to open at 85.65 after closing at 85.64 against the greenback on Tuesday
 "Indian Rupee opens flat at 85.65/$ as weak Dollar caps decline")
Indian Rupee ends 23 paise weaker at 85.63/$; dollar, crude trade weak
The domestic currency depreciated 23 paise to end at 85.63 after closing at 85.40 against the greenback on Monday
 "Indian Rupee ends 23 paise weaker at 85.63/$; dollar, crude trade weak")